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US 10-YEAR YIELD TECHS: May Highs Hold......>

US TSYS
US TSYS: US 10-YEAR YIELD TECHS: May Highs Hold Firm
*RES 4: 3.6132 High April 2011p 
*RES 3: 3.3956 Apr 5 2011 low, now resistance 
*RES 2: 3.3000 Channel top 
*RES 1: 3.2594 High Oct 9 
*PRICE: 3.1500 @04:02 GMT, Oct 15 
*SUP 1: 3.1261 May 18 high, now support 
*SUP 2: 3.1021 21-dma 
*SUP 3: 3.0139 Aug 1 high, now support 
*SUP 4: 2.9683 61.8% 2.8063-3.2305 
US 10-year yields remains clear of the May 18 high at 3.1261 which is now acting
as support, keeping the broader bullish outlook intact. Bulls continue to target
the Oct 9 high at 3.2598, above which would extend the uptrend towards the
channel top at 3.30. Bears need to take out the May 18 high at 3.1261 to open
the Aug 1 high at 3.0139.

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